Search
Strip District Retail Opportunity

2306 Penn Ave, Pittsburgh, PA 15222

For Lease
Contact for pricing

14,608 SF retail space for lease in Strip District.

Space Size6,543 SF
Days on Market228

Property Features for 2306 Penn Ave

General Information

Standard status Active
Size 6,543 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Strip District

Spaces For Lease

at 2306 Penn Ave
2306 Penn Ave $200,000/Mo
Floor 1
Size 6,543 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• 14,608 SF For Lease - Former Grocery Use 1st fl. 11,025 SF & 2nd fl. 663 SF plus a 2,920 SF mezzanine • NNN retail lease opportunity • High Visibility location in the heart of the Strip District • Willing to subdivide along original building lines: Left side 1st fl. 5,880 SF plus 2nd fl. 663 SF Right side 1st fl. 5,145 SF plus mezzanine 2,920 SF • Adjacent 4,800 SF parking lot with room for 18 cars (has both an entrance and exit) • Rear loading area with one (1) 10 X 10 overhead door • Strip District receives over 8.7M visitors yearly with 726k monthly average (placer.ai)
Contact us
Listing Agency: Hanna Commercial Real Estate | Pittsburgh
Listed By: Brendan McManus · License #AB050953L
Source: Moodyscre
Added: Mar 27 Changed: Oct 26 Last Checked: Nov 8 at 6:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial Real Estate | Pittsburgh

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 14,608 square foot retail space is available for lease. The property, formerly a grocery store, includes 11,025 square feet on the first floor, 663 square feet on the second floor, and a 2,920 square foot mezzanine. Located in the heart of the Strip District, the property offers high visibility. The landlord is willing to subdivide the space along original building lines, offering a left side with 5,880 square feet on the first floor and 663 square feet on the second floor, or a right side with 5,145 square feet on the first floor and a 2,920 square foot mezzanine. An adjacent 4,800 square foot parking lot provides space for 18 cars and includes both an entrance and exit. The property also features a rear loading area with one 10 X 10 overhead door. The Strip District receives over 8.7 million visitors yearly, averaging 726,000 monthly visitors.

Key Highlights

  • High Visibility location in the heart of the Strip District.
  • Large space available: 14,608 SF for lease.
  • Subdividable space along original building lines.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

WFH Oriental Market (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store HVAC Service Nursing Home Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,404
Businesses Nearby
Under-served
Demand for This Use

Demographics for 15222, PA

5,976
Population
4,008
Households
1.5
Avg Household Size
33
Median Age
77%
College-Educated
99%
High-School Grad
0.9 sq mi
ZIP Area
6,640
Density / Sq Mi
$111,926
Median Household Income
$61,190
Median Earnings
$1,963
Median Rent
$557,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Pittsburgh, PA

5.1% 2019
5.5% 2020
5.5% 2021
4.8% 2022
4.6% 2023
4.4% 2024
6.4% 2025

Similar Off Market Nearby

  • Lotus Food Company — 1649 Penn Ave, Pittsburgh, PA 15222
  • WFH Oriental Market — 2306 Penn Ave, Pittsburgh, PA 15222
  • Many More Asian Market — 2767 Liberty Ave, Pittsburgh, PA 15222

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - 14,608 SF retail space for lease in Strip District.
Where is this grocery and convenience store located?
The property is located at 2306 Penn Ave Pittsburgh, PA.
What is the lease rate?
The lease rate is $200,000.
What are key features of this property?
This property features: High Visibility location in the heart of the Strip District.; Large space available: **14,608 SF for lease.**; Subdividable space along original building lines.
(412) 261-2200 · Office Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved